Loan
Lease
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Individual Lease Check
Maruti-suzuki Alto K10
On Road Price Price Details
₹ 4,42,799
Ex-Showroom Price
₹ 3,99,000
Compr. Insurance
Comprehensive Insurance
₹ 22,611
RTO - Individual
₹ 61,188
TCS
₹ 0
Depot Charges
₹ 0
Cash Discount
- ₹ 40,000
On Road Price
₹ 4,42,799
Down Payment
₹ 44,280
Loan Amount
₹ 3,98,519
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 8,215
Loan Amount
₹ 3,98,519
Estimated Monthly Payment
₹ 8,215/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 4,428
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 3,500
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 3,98,519 | ₹ 32,060 | ₹ 3,32,003 |
| 2 | ₹ 3,32,003 | ₹ 26,037 | ₹ 2,59,464 |
| 3 | ₹ 2,59,464 | ₹ 19,468 | ₹ 1,80,356 |
| 4 | ₹ 1,80,356 | ₹ 12,305 | ₹ 94,084 |
| 5 | ₹ 94,084 | ₹ 4,492 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 3,98,519, EMI of ₹ 8,215, tenure of 5 years, interest rate of 8.7% p.a